Judge won't stop J.C. Penney from selling Martha Stewart home goods, Reuters story says
Published: August 30, 2012 by Jennifer Palmer
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FILE - In this March 29, 2011 file photo, Martha Stewart poses for a photo before the broadcast of "At Martha's Table," at the SiriusXM Satellite Radio studios in New York. Best Buy's CEO Brian Dunn resigned on Tuesday, April 10, 2012, after the retailer's board launched an investigation into his "personal conduct." The 28-year Best Buy veteran joins a list of big-name CEOs who stepped down or were fired after getting into trouble for their actions outside of the corner office. The alleged offenses _ and the punishments _ have varied widely from lying to cheating. Stewart was forced to resign from her namesake media empire and spent five months in a West Virginia jail after being convicted of lying to federal prosecutors about an illegal sale she made of another company's shares. (AP Photo/Richard Drew, File) ORG XMIT: NY130
According to this Reuters story posted Thursday afternoon, a New York State Supreme Court Justice denied Macy’s Inc. an injunction to stop J.C. Penney from selling Martha Stewart products in its stores. Macy’s has sued J.C. Penney and Martha Stewart Living Omnimedia Inc. over the rights to sell and manufacture certain Martha Stewart items, which the retailer says it has exclusive rights to until 2018.
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